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(AJANTPHARM) Ajanta Pharma complete technical analysis [charts+indicators] | Buy/Sell Ajanta Pharma | (AJANTPHARM) share price targets

Complete technical analysis of Ajanta Pharma (AJANTPHARM) by charts plus indicators, forecast predictions and share price targets for Ajanta Pharma (AJANTPHARM)

Ajanta Pharma trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-09-03 View latest technical analysis

10 day averaged volume of Ajanta Pharma is 230425

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	3175.30	3202.90	3247.35	3145.05	0.432 times
02 Mon Sep 2024	3202.30	3243.55	3258.25	3192.05	0.256 times
30 Fri Aug 2024	3243.55	3151.90	3275.00	3112.00	1.102 times
29 Thu Aug 2024	3151.05	3077.85	3235.50	3066.15	1.786 times
28 Wed Aug 2024	3080.45	2985.60	3128.20	2966.50	1.076 times
27 Tue Aug 2024	2969.95	3005.80	3013.25	2961.55	0.392 times
26 Mon Aug 2024	2986.20	3099.85	3099.85	2955.00	0.95 times
23 Fri Aug 2024	3103.35	3112.80	3127.90	3075.00	0.487 times
22 Thu Aug 2024	3123.10	3077.65	3165.30	3038.35	1.049 times
21 Wed Aug 2024	3077.65	2958.65	3125.00	2917.40	0.845 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3158.2, but if it comes below 3158.2, then a intra day sell could be more profitable.
If you take a sell trade below 3158.2, then use 3158.2 as stoploss and 3048.86 as target. However if you take a buy trade in stock , then use 3158.2 as stoploss and 3289.3 as target.

Share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Target	2111.05
Downside Target	2495.00
Downside Target	2663.85
Downside Target	2902.00
Downside Target	3145.05
Downside Target	3165.30
Upside Target	3258.25
Upside Target	3275.00
Upside Target	3389.85

Intraday share price targets for Ajanta Pharma (AJANTPHARM)

Target Type	Value
Downside Intraday Target	3127.48
Downside Intraday Target	3079.67
Upside Intraday Target	3240.68
Upside Intraday Target	3306.07
Upside Intraday Target	3192.87

Weekly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	3175.30	3243.55	3258.25	3145.05	0.13 times
30 Fri Aug 2024	3243.55	3099.85	3275.00	2955.00	1.039 times
23 Fri Aug 2024	3103.35	3012.70	3165.30	2902.00	0.954 times
16 Fri Aug 2024	2995.30	2980.00	3389.85	2980.00	0.91 times
09 Fri Aug 2024	2998.85	2775.95	3034.25	2716.80	0.631 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ajanta Pharma (AJANTPHARM)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	3175.30	3243.55	3258.25	3145.05	0.028 times
30 Fri Aug 2024	3243.55	2685.00	3389.85	2663.85	1.199 times
31 Wed Jul 2024	2695.10	2286.20	2717.55	2160.15	3.574 times
28 Fri Jun 2024	2287.20	2342.10	2495.00	2111.05	0.255 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ajanta Pharma (AJANTPHARM)

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ajanta Pharma ( (AJANTPHARM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ajanta Pharma stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ajanta Pharma in short term but the sell signal is initial and weak.

Ajanta Pharma Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ajanta Pharma in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Ajanta Pharma is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3116.12 and Ajanta Pharma (AJANTPHARM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ajanta Pharma (AJANTPHARM) stock. Volume based technical analysis of Ajanta Pharma (AJANTPHARM) stock is negative.

Ajanta Pharma Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.